openPR Logo
Press release

Marine Scrubber Systems 2020 - 2030: Mitsubishi Heavy Industries, Ltd., CR Ocean Engineering, LLC, Feen Marine Scrubbers Inc., VDL AEC Maritime, Valmet Corporation, Fuji Electric Co. Ltd.,

Marine Scrubber Systems

Marine Scrubber Systems

According to Persistence Market Research, the global marine scrubber systems market is expected to register a CAGR of over 20% between 2020 and 2030.

The basic objective of marine scrubber systems is that of treating engines' exhaust stream with either fresh water or sea water through hydrated granules (lime-treated), so that the exhaust stream of SOx could be cleansed and non-toxic exhaust in line with emission regulation norms could be released in open environment either on land or later or in the sea.

To remain 'ahead' of your competitors, request for a Sample@ https://www.persistencemarketresearch.com/samples/25126

The IMO (International Maritime Organization) states that ships need to reduce SOx outside as well as inside SECAAs (Sulfur Emission Control Areas). Also, norms have been introduced by MARPOL with the objective of preventing pollution in the sea by toxic constituents.

This stringency is expected to witness EGC (Exhaust Gas Cleaning) technology being installed, thereby driving the marine scrubber systems market from 2020 to 2030.

The marine scrubber systems are reported to eliminate SO2 by 90% and particulate matters by 70%. The business outlook is expected to be complemented further by awareness regarding health hazards caused by SO2 emission. In 2016, the Marine Environment Protection Committee (MEPC) did pass an order limiting sulphur fuel content to 0.5%. It came into effect from Jan 1, 2020.

For critical insights on this market, request for customization here @ https://www.persistencemarketresearch.com/request-customization/25126

Something More about Marine Scrubber Systems Market to Look into

The marine scrubber systems market is witnessing growth in demand for MGO (Marine Gas Oil) due to the ability of emitting sulphur in lower concentrations.

This fuel is penetrating across various locations like the Caribbean Sea, the North Sea, the North American Waters, and the Baltic Sea. This has expanded the industry landscape further. The SECAs are increasingly adopting the oil.

Moreover, the commercial applications hold a significant market share. They are inclusive of bulk carriers, tankers, roll off/roll on ships, and container vessels. Plus, retrofit existing vessels are creating ripples. However, they being costlier than their counterparts could limit their usage, still, retrofit vessels will find their way as 2020 regulations need to be adhered to.

Coming to technology, wet technology is expected to rule the marine scrubber systems market. Furthermore, closed loop, open loop, hybrid technologies, out of which open loop technology is the most preferred one.

Region-wise Analysis

Till the year 2019, it was the Asia-Pacific and Western Europe hold the largest share (more than 50%) of marine scrubber systems market. North America will also catch up, with ECA rules being put into practice for the Caribbean seas and North America Waters. The South East Asia will also experience an upswing with China and South Korea poised to be strong markets.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/25126

Competitive Landscape

The key players in the marine scrubber systems market include Mitsubishi Heavy Industries, Ltd., CR Ocean Engineering, LLC, Feen Marine Scrubbers Inc., VDL AEC Maritime, Valmet Corporation, Fuji Electric Co. Ltd., Yara International, Clean Marine, SAACKE, Damen Shipyards Group N.V., Alfa Laval, and Kwangsung Co.

Explore PMR's Extensive Coverage on Industrial Automation Domain -

Agricultural Equipment Market - Agricultural Equipment Market Segmented By Tractors, Combine Harvesters, Rotavators, Power Tillers, Seed Drill, Thresher, Power Weeder : https://www.persistencemarketresearch.com/market-research/agricultural-equipment-market.asp

Fire Protection System Market - Fire Protection Systems Market Segmented By Flame Detectors, Smoke Detectors as Fire Detection Systems, Water Extinguishers, Foam Extinguishers, Dry Chemical Extinguishers, CO2 Extinguishers as Fire Extinguishers, Water Fire Suppression Systems, Gaseous/Clean Agent Fire Suppression Systems, Foam Fire Suppression Systems, Powder Fire Suppression Systems as Fire Suppression Systems, Fire Alarm Devices, Emergency Lighting as Fire Response Systems: https://www.persistencemarketresearch.com/market-research/fire-protection-system-market.asp

Additive Manufacturing Market - Additive Manufacturing Market Segmented By Polymer Machine, Metal Machine, Desktop Machine Hardware and Polymer and Composite, Metal, Ceramics Material and Software in Powder Bed Fusion, Direct Energy Deposition, Material Jetting, Binder Jetting, Material Extrusion, Photopolymerization Technique: https://www.persistencemarketresearch.com/market-research/additive-manufacturing-market.asp

Contact us:
Persistence Market Research
305 Broadway, 7th Floor,
New York City, NY 10007
United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Marine Scrubber Systems 2020 - 2030: Mitsubishi Heavy Industries, Ltd., CR Ocean Engineering, LLC, Feen Marine Scrubbers Inc., VDL AEC Maritime, Valmet Corporation, Fuji Electric Co. Ltd., here

News-ID: 2642190 • Views: 340

More Releases from Persistence Market Research

The 4G LTE Devices Market To Witness An Innovative Statute
In terms of value, the global 4G (LTE) devices market is projected to register an astronomical CAGR of 16.7% during the forecast period of 2021 to 2031, owing to various factors, regarding which, Persistence Market Research offers vital insights in detail. The industry is anticipated to top a valuation of approximately US$ 185 Bn by the end of 2031. Request for Free Sample Report of "4G LTE Devices" Market@ https://www.persistencemarketresearch.com/samples/10466
Innovative Turmoil To Run Through The Sonobuoy Market
The global sonobuoy market is anticipated to grow from a valuation of US$ 324.7 Mn in 2021 to close to US$ 600 Mn by 2031, expanding at a CAGR of 6.3% in terms of revenue. In this revised report, the global market is tracked in terms of value and is calibrated to obtain market revenue estimates. Sonobuoys are acoustic sensors built on the principle of Sound Navigation and Ranging (SONAR) system,
The Imaging Technology For Precision Agriculture Market To Witness Germination O …
A recently revised study by Persistence Market Research has projected that demand for imaging technology for precision agriculture will rise at a notable CAGR of 8.8% during the forecast period of 2021 to 2031, by the end of which opportunities in the market are estimated to translate to a revenue of US$ 1.7 Bn. Analysts of the report have notified that the market for imaging technology in precision agriculture produced a
The Mobile Applications Market To Move Through Glossy Innovation
The global mobile applications market is currently valued at US$ 112.6 Bn, and is predicted to reach a worth of over US$ 307 Bn by the end of the forecast period (2021 - 2031). The market is projected to rise at a CAGR of 12.4% over the next ten years. Leading players operating in the global mobile applications market are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., China Mobile Limited,

All 5 Releases